According to a new market report just-released by ElectroniCast Consultants, the worldwide consumption value of packaged LEDs used in signage & professional displays in 2010 was over $1.5 billion and is forecast to increase to $2.781 billion in 2016.

According to ElectroniCast…Aggressive telecom optical isolator use of 23% per year (2010-2015), as well as strong growth in other application segments, is creating an excellent opportunity for manufacturers of passive optical components.

According the ElectroniCast Consultants (www.electronicast.com), the consumption value of packaged LEDs used in NVIS-compatible lighting is forecast to increase from $36.2 million last year (2010) to $132.8 million in 2017.